Question

Decrease £19064.67 by 9.5%
Give your answer rounded to 2 DP.

Answer 1

New amount (decrease) = £17253.53

Explanation:

Given the following data;

Amount = £19064.67

Percentage = 9.5%

To find the percentage decrease;

`Percentage \; cost = \frac {9.5}{100} * 19064.67`

`Percentage \; cost = 0.095 * 19064.67`

Percentage cost = £1811.14

New amount (decrease) = Original amount - percentage cost

Substituting into the equation, we have;

New amount (decrease) = £19064.67 - £1811.14

New amount (decrease) = £17253.53